Market News

Will the upcoming U.S. core PCE price index keep the Fed likely to ease monetary policy gradually or can the central bank’s preferred inflation measure tip the scales towards a more aggressive approach?

Australia’s inflation may have cooled down in August, but it’s still above the RBA’s target range. Here’s how AUD reacted to the news!

Central bankers were under the spotlight yesterday, and a lack of top-tier data releases made it easier to reprice monetary policy biases across the major assets.

The Reserve Bank of Australia (RBA) kept its cash rate target unchanged at 4.35% today, maintaining its hawkish stance on inflation while acknowledging economic uncertainties.

The major assets were all over the place, as traders priced in the Fed’s rate cut, escalating Middle East tensions, and potential global growth slowdown.

Latest U.S. business surveys showed weak employment prospects, sticky high prices, and uncertainty ahead of the elections. What’s up with that?!

It’s the third week of the month, which means it’s time for a fresh batch of global PMI readings! We’ll also get word from Australia’s and Switzerland’s central banks on their monetary policy decisions and outlook.

It was a hectic week in the global financial markets, as the FOMC decision took center stage while crude oil made some big moves of its own.

Although the FOMC decision was the main event on everyone’s radars, there was no shortage of top-tier economic updates that pushed major currencies around throughout the week.

It was another busy day as traders digested the Fed’s rate cut, BOE’s decision to stand pat, strong U.S. data, and developing Middle East headlines.

The BOE kept its interest rates at 5.00% as expected and maintained its quantitative tightening pace for the next year. So why did GBP pop higher?

Better-than-expected Australian labor market data are supporting RBA’s hawkish stance and has put the Aussie in the green against its counterparts.

With the Fed announcing a larger 0.50% interest rate cut and suggesting more easing to come, how did financial markets react to the news?

The FOMC lowered interest rates by 0.50% in their September meeting, marking an aggressive start to their monetary policy easing cycle.

Markets still seem uneasy ahead of this week’s FOMC decision, as intermarket correlations appeared to be a mess even while the U.S. dollar cheered the upside surprise in headline retail sales.

Canada printed another batch of weaker than expected inflation figures, as the headline CPI slowed from 2.5% to 2.0% year-on-year in August.

It’s time for the blockbuster event of the month: the September FOMC decision! Will policymakers go for the standard 0.25% rate cut or will they level up with a 0.50% reduction in borrowing costs?

Financial markets are looking mixed as traders brace for the FOMC decision later this week while Chinese banks are still closed for the Mid-Autumn Holidays.

Now that the Bank of Canada (BOC) has opened the door for further easing if necessary, can the upcoming Canadian CPI release seal the deal for another rate cut soon?

The Fed may finally cut interest rates for the first time in years this week. But that’s not the only thing shaking up the markets!